საქართველოს პარლამენტის საფინანსო-საბიუჯეტო კომიტეტის მიერ წარმოდგენილი საქართველოს პარლამენტის დადგენილების პროექტი საქართველოს ეროვნული ბანკის მიერ წარმოდგენილ „2019-2021 წლების ფულად-საკრედიტო და სავალუტო პოლიტიკის ძირითადი მიმართულებების შესახებ“ პროექტზე და კომიტეტის დასკვნა

საქართველოს პარლამენტის დადგენილების პროექტი განხილვაშია
ინიცირების თარიღი
26.11.2018
ავტორი
საქართველოს პარლამენტის საფინანსო-საბიუჯეტო კომიტეტი
ნომერი
#19797/9
წყარო

📋 განხილვის ეტაპები

📅 დამატებითი ინფორმაცია

ბიუროზე განხილვის თარიღი 2018-11-30
ბიუროს ნომერი 214

📜 ტექსტი

წერილი
N 19797 26/11/2018 საქართველოს პარლამენტის საორგანიზაციო დეპარტამენტის უფროსს ქალბატონ ეთერ სვიანაიძეს ქალბატონო ეთერ, საქართველოს პარლამენტის რეგლამენტის შესაბამისად გიგზავნით საქართველოს ეროვნული ბანკის მიერ „საქართველოს ეროვნული ბანკის შესახებ“ საქართველოს ორგანული კანონის 61-ე მუხლის მე-2 პუნქტის მიხედვით საქართველოს პარლამენტში წარმოდგენილ „2019-2021 წლების ფულად-საკრედიტო და სავალუტო პოლიტიკის ძირითადი მიმართულებების შესახებ“ პროექტზე (N14596, 26.09.2018) კომიტეტის დასკვნას, საქართველოს პარლამენტის დადგენილების თანმხლებ მასალას. გთხოვთ, მისცეთ შესაბამისი მსვლელობა. დანართი: 22 ფურცელი. პატივისცემით, ირაკლი კოვზანაძე თავმჯდომარე პროექტს და
წერილი
bt$*&cn33ealbg6clgbpryndo6go Bankof Geongia National N 2-0413319 26/09,t20L8 -0 4-2-20180926I 433 33,19 liliiiilliiillllllillllillillllilll ilililil1ililililtilililil]iltil bl>j;6or33q'c'rbJr6q,,r036$ob orr30aqrerO,:6glt tr,:6c'rbo6.:3q,o 3clblbodgb qr.:lrr3rq'g6c't ggq'rqg-br36gqgogc'r 2019-21021 $qrgbob 0o0r6oryq'XbXbob J6cngjgob do6oorrqro 3c'rq,ogo3ob tsgbrbgb o6,:3q,o, br15c'rbc'r g6cngbaq'o br>53ob 0gbrbgb" b,:jl6cn3gq,ccb cn66l6gq'o 316c"r5ob ,,br>j,>6crrggq'cnb tsgbrb.:0obrq,, $r60ar6oqrb06o 2079-2021 $q,gbotr 61-C Ogbq,ob 0C-2 Jpbigob q's b;3rqrggc'r Jerqrogo3ob do6ocnsqro 0o0,:6orgq'gbgbotl EUq,rsg-br36gEogo gr63r66gq,gbrbor.rb b.:j$o6gqrc'rb g6ergbgEro brbJob J6gboqggbgob 0gb,>btOolr Jt6<"r;$gb, 96orlqg. l0llrcor6, 5o6%r36oco6r60,:6ggboor br6lorb, 6er0gq,o6 0gqr616oq'ol 2018-2020$qtgbob br3rqrggc.r Jc'rqrogo3ob do6ocn.:qgo 0o0;6orgq'gbgbob EflE,rsg-br36gqrogcr er bsjr6or3Xq'ob J.:6)q'.:036gtso Ssbboq'3ob;b brgobrbber-b;bogaggc"r J6o;;j6ob 3c'r0og3gob0o96 6;0r"rcnj0gqro3cn0g6$l6gbob6;or3lq,ol-t$o6gboor. qgl6l6oro: 19 gg66q,o. 3r1go3obgX0oo, 3r'rbt6gbgg$X 363%oqrg6go brjt6rngXqrcob / 3erqro:20410484 0l 14/ or$oq,oboI tr.:S$o6oLr2 / 63q'.: 24064A6,?106120/g{bo: 2406577/ gq. gr.rl15uinfo@nbg.gov.ge / code:20410484 i 1,.:i;, .ji ',?$airapirostrl Tbilisi 01141TeL?406406,24A6120/Fax ?406577/ E-ma:dinfo@nbg.gov.ge wrvrv.nbg.ge
წამყვანი კომიტეტის დასკვნა
.flI Attl IUU €=-- I\\,* I I I t\ 11| r\ b)J)hol3lcnb j)hc)0160n ts fll d tll00OCt90 bJ'B0 SJGltgl-lt.Ib00 9G0 b.:jr6or3gq'r'rb 3ffi q'.:0g66ob brcn66t6ogctgooqr3Jl66l0g6$b qgrbJgbt ttjrdor3gq'slb 3r6q,r0p6gob ltgobrbbc'r-b$ogy,COo 3cn8o$g$0r 2018$q'otr 22 6c"rg0bg6b5l6oboq,r b;j.:6or8Cq'r"ltr g6ergbgq,o br63ob 0o96 ,,brjl6or3Cqslb g6c"r36gq'obt63ob 0gbrb3b"br$6or3gqott c.r66;6gq'o 3l6rn6ob61-3 Ogbq'ob 09-2 Jgbjgob bgb$t0olrtqQ, b,:j.:6org3qolr 3l6q'$X660o $l60erqrp6oqro ,,2019-2021 Soqro$o3ob do6oorlqro tll3rqry$r"r $qrgbob E3cprSg-br36gqrogo er 18). 0o0r6cogq,gbgbobCIgll:bgb"36c'rgj6o (N14596,26.09.20 0o186or tsUc3)Q-lll36pqro$o qQr b':3rqrg$er 3er0o$g$b 0o%16tsg$cn6oq'lqr Jc'rq'ogo3ob do6oor.:qr Oo0r6cngqrgbgbcntb qrr3lg0o6pboor $l60rnqr6g6oq'o lbg. 36c'rgj gob g.:6boq6l J,>6q'10g6$ob Jqr gbr6gq, bbqrc'rO Lrrgobr6ber- 3el0ogggob
განკარგულება
20410484 boJodror bo56obJ6ntoqn519ob gnsq-L n6rngSXgRo A,)Gd.)d'0TsR0bJ 2018flq,ob 25 bgjgg0bg6o Nq 97- olnqroln 2019-2021 q)5lr$gtqru(ll Eclqr$odolt Sq'Cbobggq$qFbogd,Cqn6r'r dot6oosqnOmuhge&bolt Et6cqg*jott Btilshb 8g-15 ,,bsjr<6o6gq'c'rb S6argbgqn bt63ob SgbrbXb"brj$cogqrotr m66$gqro 3,:6tn6clb Og\'ob 3o<6ggq'o Jg6igolt ,,b" &gJgbioob, 09-17 0gbgotr 0c-3 Jgbigob ,,!' ftg3gbj$olu q)r ,>0rgX 0gbqrolt 0C-5 Sgbjgob b.rggdgq,'bX, X6<ngbggo br$ggb 0obg$u6ggo Jo'rq,ogo3ob3c'r0ogggob6rqrr$gacoogcbob (20:t8 Sqob 25 bgi$gOOF,ob ojOo NB) 6gbrbr0ol.tqg: bbqgc'rOob l. Oo$al6g0pq,ojbgtt 20t9-202l Sqrgbottggq'qr-br3t6gqrogc'r qlr tngrq'ggo Sc.rqfrgo3olr dol6oor.rqro0o0r<6orgq'g0gbobJ6rnXjgo qgr $,l6gq6o6<nbbtjrt6o6Cqlcilr 3v6q,l0g6gb qubr0ggo6Cbq'rqg, 2. gb 6r63r6bgqCbt $<'rjAgqgqgbbCq'0sr$g6oborrbrgg.
საქართველოს პარლამენტის დადგენილების პროექტი
J6aAlOo brjrdorgCq,crtt 3r6qrr0g6gott SgtSQ bil6oq,gbl 20L9-2021$q,3boll g gq,,:qg-b.:36gqro$cn, eQr br3r qrU6sr gb Jc'rq'og o3olr do,6o0Jeo 0o0t6cngq' gbgbob tsgb.:b ,,brjr6or3gqob g6c"rgbgq,o br63ob tsgbrbgb"b.:jl6or33(,c'rtr er65.:6gqro 3ll5o6ob 61-C Egbq'ob ag-3Jgbi$ob E3brbr0obrqr Jr6qs0g66o .:qg636b: b.:jr6or3gq,c"rb qgrO$3ogsggb b.:j.:6o3CqlcltJ36er363qro br63olr0o36 $$0c"rqg6g5oq,o2019-202I$q'0bolr qg.:bl3;q,U0o Jetqro$o3olrdot6oor;qro0o0r6orgq,gbgbo; EUqrqg-b.:36gqgo$c'r 6g4g6g6b3 ii6c4g5gb. 0o%6c"rb6o3o 0lB3gbgbgq'o2019-2021$q,gbobcngob 1. obgq,,>1;oob 2. b.:Eg.:q'erg,:qrorbJg6oc"rqrtsoobgq,rgoob 0o9cberb6o3o6$3gbgbq,ob 0gti.:6Bgbgbotl 0o%5oor b.:j.:6or3gqlcrb g6er36i3q,o br63ob 0o96 2019-202I $q'gbob 6r60rgq'erbrtso do6ocorqr,:qg610erggbgb3qlo oj6gb.: Jcnq,o$o3ob 5rbr33goro, 6c"t0q,ob g3q,oq,3b.l g3ober0o3llr g4919690; 0erbg$.:6gqro Jc'rqro$o3ob 0,30qgg5o obtt$6110g66gboor: 639o6.:6bo6gbobbgbbgbo, eor b.:b6ob g6oro3otbo oblbg6g0g6go, 0gE0og0cnC09qg. obbg690g66gbo, b.:qrgJc'r%ogerbg6orogo3.:ggbo, r'rJgdrr6ogbo0orr36arb<r,b9rlro;6o j.lq.:q'qggboor, qr.lbb3l Oerorbo3Sgbo b.:g.:q'Ugo o6gg6p6gogbo, 0o6oE,:qrg6ob.:6395C68cn obbg6g036ggbo. 3.2019-202I $q,gbotr 6l60rg,pc"rbr0o b.r0cn0b0r6Cbq,e,glb3bob 0obrqrcnqgbgqr qrobr0o3r%g 6169616o grjgc"rdrgboqrlb Oerj0gq.ooEgbrdq,cn 6ob3gbo.: 6r3orc"rblr.:er b.:6gb%g Obc"rgq,oerg.:bgbob 63qroqrgb.:, 5gc'rJerq,ogo396o 6obpbob ggqroqrgb.:, 636gq'o63b.:qgo gsbgbob 63q,oq,gbl, obgq'.:6oob o0Jcc66o do6oor.rqro b.:31$6et J.:656oar6o jpgbgboqg.:6 er tib3r. brjr6orpq'crb g6c"rgtigq'o b,:53ob 0cnbg$.:6gqro obgq,r6oolr 69.:go6gb.:l.r6r696.:bo g.:jger6,gbob bCq?CbrSg Jerqrogo3; 16 0c"r.:bqggbb 6erqrgb.:3 0ob6ob6o3o 0rBp63bq'oqr;6 qrf'rcrgbooro 6rqrrb6ol6lr, 516'rqr;o0 ts36orb333olr,:, ggtiqg.:096096 obgq'r6or%C Eerj0gqg g.rqrrb6roOqrgbrqrdq'og6o.:,6cri36r3q,96.:li.:bqggbb gsjgcr6gbeca. ggbgbobor.lbl3g. 4. gb ErE5g6oq'gb.:$c.rjO3qgqgglt 5.:Oc"rfu
საქართველოს პარლამენტის დადგენილების პროექტი
J6aAdOo brjr6orgCExnb 3r6qrr0g66ob qgrqbgboq'CbJ 2019-2021$qrgbobts3qrqQ-br363qo$errpI br3rqr3$s) 3 crq' o g o3 ob dc,6 o ot 5Q o 0o 0 I 6 or g q' gbgb ob tsgb.:b3b' ,,blj.:6orggqob g6ergbgq'o brti3ob tsgbtbgb"brjr6or3gqpob cn66;6gq'<'r3l6c'r6olr61-C Egbq'ob 0g-3Jgbj6ob bgb;bsOoLrqg b;j.:6or33q'c'rbJl6q';0g6$o s(Q$;36b: q9r063o6qggb brj.:6or3cq'elb g6<n36gq'obr63obEog6 $r60c'rqgp6oqro2019-2021$q'gbob E3qsqg-b.:36gqro$erqgrb.r3.:q'flOoJerqro$o3olrdo6oorrqpo0o0r6orgqrgilgbo: 3 J6o66$b. O.:Bpbgbgq,o2019-2021 1. o6gq,4oolr 0o%6c.rb6o3o $q'3b,olor3obts3rq?6geib tsg5.:6Bg63bob Sg6ocrqrtsoobgq'rgoob 0o%5erb6o3;o0.:B3gbgbq'ol-, 2. b.:0g.:qrer3.:qErolS 0ojc6oor brj56orggql6'1b g6c"r3[;gq,o b.:53ob 0ogt6 2019-'/02I $q'Xbob 5.:60.:3q'c'rb.:bo gr0c'rggbgbgq,o ,oj6gb.r Jc"rq'o$o3olr 5sbl;;3goro, 6c'r0qr6! 63q'oq'3br do6oor.:qg.rqEr g3erbc"rao3rb5rqrlggg0l 0obg;gr6gqro Jc"rqrogo3ob i3g0qrg6o obb66303663boor: 6ggo5,:6bo6gbobbglrbgbo, qor brb6ob 96oro13o.:5ootib$6309b$o, 03qr0o30od03q9' obbg6g0gSggbo, blqrg3cnbogc.rbg6orogo3J$gbo, c'rJ96l,go3bo0ot.:36c'rbobgrbol6o qrr bb3,l 0o6o0tq>g6obl6ig%C6go0erotbcn363bo o6ggfr3g56ogbo, j.:qrqrqggboor,lr.:3.:q,flOo obbg6g0g6ggbo. Z.2019-2021 $q'gbob 6r50r13q'ob.:0o b.:0ar0b0.:6Cbq.c'rglbgbob 0r"rbrq'c"rc963qr 0gbrdqSc"r6ob3gbor Sl3orcnbbrQb qrobr6o3ricA g1696.:6o g.:jgc"r6gboqrlS Ocnj0gq.oo b.:6gb%g 0bcrgq,oer grbgbob 63q,oq,3b.:, SSerJcoq'o$o336o t6ob3gt'ob 33q'oq'gbl' 6g5gqro6gbrqgo grbgbob 63cgoq'3br, obgq,l6oob o0ctc'r66o do6ornlEo br3.:$6c'r 3r665oer6o jpgbgboqg.:5 e5 bb3r. brj.:6or33qob 36<ni;6gq'o brS3oll 0c"rb3$r6gqro obgq'rGoob Joqrogo3.: ;6 0errbqggbb6g.:6o6gbrb 5.:695,:6o g.:jger6Sbob 0CsQCbsqQ 6erqgb.:g qr6ogbooro 5tp.:b6oil.rlr,6J6qr5o0 tsgOcob3g3olrl, 0o%5crb6o3o0.:B3gbgbq'oqr.:5 o6gq,53or%30erj03qrgg6qrr036ou6 5rqr.:b6ro0qgg6rqdq'o36or, 696 613q,36.:b;bqg36b g.:j6er6gbbg. 4. gb qgrqg66oq'gbrr0erj0gEE;rb5.:0erj3ggbgboborrbr33.
განმარტებითი ბარათი
qQrtnglqry$c'r 8c'rrqro$o3otl 20t9-2021$qlgbob EgqpsSg-tr.:36gqgo$1n dodoorrqro 0o0l6q3q,gbgbo 6s60r66gbooro br6loro Bgbrbgb"er6g;6gq'o 3rbar6ob3o63gq'o or;3ob E3r3 g6cr3buq'o br>63ob ,,brj.:6or3gq,erb g6r"r36gqo br63ob do6oorlqro ;0o6;61 8.:b0bobb5rboqry6cnbob agbq,ob 0gb.:b;0obrqEr, g%6gbgq'gc"r8rr. ,>0rlro116,g6er36gq,0r br630; Ubsgl g%6gbpqgr'rtJ bl9o6l6ber q9.:b3q'o 35sgr 033$gc''bjggl6;tso 0q.o66rqg bob630obtr6,:boqry6c"rblqgr6.:61$3o63rqrcnbr %6Elb, aZ 3b ts3brdq'3bCqor olrC, 6oil brg6orb3 .:6 tspj06rb 6obo g3c"rbcn0o3g6 tsgb63q'3t,;b. .:0r'rgr6ob do6oor.rqgo ,,btjr6or3gqslb g6er36gqro br63ob Bgbtb3b"c"r66l6gqrr-r3;6c"r6ob03,lorgorr3ob 61-3 s6rg63orbgb gc"l8Cqo$qtb Ogbq'olr tsgbrb.:0obrqEr, 1 crj6er0b6olr;, g6er3l5gqrobr63o brOo $<p.,btsUqrQ-tr;363qro$et q'.> brj,:6o33q'r"rb Jr6q,$36gb $,:6)gqg65b0c"r0r3.:q'o b,l3rqryger Jc.rqrogo3ob do6oorrEo Eo0.:6or3q'3bgboll J6c"r3j5b, 6m03q'og Ubsgr do6oorrqr Jc"rqro$o3'ob obgqrtgoob 0o%6eri)6o30.:Bg6gbgqrb,0erbgfpJ(63qro 0c"ro6r3qg3lr obbg6g0g6ggbb, 6c"r0q,gbb.:6g6c"r36flqo bs63o 0obbcn?r6o3oobgq',:goolr 0obrq$61q9 0o0oboq'3rb. ggbgbb,E.: tsgbldq'c'r6ob3;3bob 6r0cno gsbgbob b6rboq'g6obr r6c,b ggbE.:0366g6o g.:j6<nr6o,6er03q'o0 stl3oqgb3q'or grbgbotr lr0t,boqfl6ob,:b Erqrq,o qqr.:bg.:bo(U6o g3obrn0o3g6o%6qgobOobsq$ilgrqg. 36r"rgbgq'o b;63o 0er63g;6gE)o Joq)ogo3ob 6g5o0ob - o6gq',:6oolr orr663oro63bolr g63boor,>q$6L. 6l0c"rg obgq,r6oolr lt0o%l5C0;B3g63bq'ob obgq,rGoob orr65goro6gbob635o0o ggq,obbOc"rbb qgl 0g0qQ35,rE 0$33bgbq,ob 0gbrbrOolrt,qr,0c"rbg$.:6gq"'oJ<nE'o$o3ob 5;Ec"6b,:qg3b.:b gtbbr%qgrirb. lq6o05pq'o 613go0o g%6gb3cE,ucDtsbbl0grq,er3lqrorb ,3g6ocrqg8o qErl,:0,:3XE6c"rb,lr.:ts3rq'3b.:tt 0rBg6;3bgq'ortblbq'c"rbr6b3bcob^:b, obgqrr6oob 0o%6c"rb6o3 0o%6erb6o3o0l83363bq'obr6rb rdq'33b obgq'roorb gg%o5g6fl6t tsc"r4b%3b.rJ,rbgbc"rE qg6c"r3boor 6rE,>obr6erb. t g,>i6er613bo' qr,:0er33oq.ogbXq'o As6C,Eco63$163qro Jcnqro$o3o1116,:6 c!36oc'rE0o3 b,>ts31q'c"r3lqro':6 O;B3gbCbCqo 2018 $q,oqgtb obgq,r6oolr 0o%6c.rb6o3o JS6ocnEbC tsc.lJUbofrgblb ;j 6rbb;33or63bgq'o 'bq93bl, obgq'':6os gc'rgqtcrr3ob ,>jgb.o0ob 5r0c"r,6c"r0tso4bo OgEEo3.:qr 06ots3bgq,erbr o6gqrl6or%3 %c'r6a36t ob 0o%t5c'rb6o3 qrc"r6olr5,:6; 6r6bb3s33bUgooj5Obt 0o%6cnt,6o3o br63ob0o36 Jo UB6c'l qg;brq'o oj63bl, or30gs' 36c"r36gqo UE6n, 6sqsq,o qr; %cn521C6 36c"r636go,:2.bl0g.:q,c'r3lEorb grgl6gbgrpo brts3lq'c'r3lqgorEiJ36oc"rq9tsoolr gcn33q'cn3ob Jc'rq,o$o3ob 0CSQCblqg, o6gq'l6oob o8c"rd6l33tb b.:0o%63 0183c63bq'ob46. rb3oro aoqr5c"raoor,6rb'>13 lrr'bc'r5;qrc"r3b6o3o orl653oro63b.:3$erqg3bl,glbSbob lr6rboq'36c"rbr gScE,J%cqrlblqto b6qg;, lib3': pr6,:bl6agboor Eooq$g31, bc'rqrer 66dgq'3rEor6o 6cnbcn0o336o gg3q,,:bgOlqlq'o El lr6lboq'36or. rqbrbotsbr3or,6c'r0 rE,OC66r6qgbor.:btsgqgt6gboor, 63q'oqr':6 obgq,;6oob 3 36c"g366ol6obr0,ob530;Bg53b3q'o 16 bUq'obb0obbo63q'l3orb 3 36c"r666t0qgc,l6l0gqr 3b 6ot|6r3bo6gq'.r3o,>b3 36c"6366or16rbq'cnbtrrtsi3'rq'er3rq9o;6 Jg6ocrqgtso. o6gq,rgoob orl669oro6gboll Jo6c"rb3btsoobgq'rgoolr 0obbarb6o3o 0rB3363bq'olt 0oq$33r bqrSbr g6c"r3bgq,o 0,l63ob 3cn6g6c"rq,obCgctsl6bgbgq'o obb{v630966ob 0er3qr6.:qrot6ob$6c"r636$er6,:6.l333olob- g3qroqrSboo' 0cnbggl6gq,o Soqro$o3oL 03b;b3b brAr$ffiC0oqSbgbb oqSbb brjr6orpq'c"rtt 8-a36 g6erg6gq,o b.:6Jolr0erbgg,l6gQloJoq,ogo3oll 3c"r0og3$o,6o0gqroo $Cqo$lqg0o 61630ertr 5rr6lqrobSbolr' o36obObr. b5arfu3cooq,3br 0ooqSbr 0,136er33c"r6c'rao;;36o lrt5o6rSbrn b.:%63bb3 l6lr3bi3q')o 3oorr6gbob 516bo<p3ob,o6gq's6oob qro6l0o3olr 6olr33b'obtsSgrlrgbob 0l36c"rg3c"rber0o336o qrr obgqrrgo,:%gOc"rj03qgo J6c'rg6c"r%o6gbol.ll tscsgcbrsg.oE tsOaorb3g3rBo,crrU o6gq',:6oolr J6r"r2,6er%o.:q30r63bl 0o%6c'rb6o3 bqgSbrJc'rqro$o3olr6l03rg63br pl Jo6ojoor' o.r3 o63q'l3oob J6er55erbo 0r83363b3q'b, 3c'rqr6$o3ob036boq'3br' 0cn63$.l63Qpo bq-o3b,: qrcnbglr, 0o%6c.rb6o3 Bt0cn6Bgb.r 0c"rbggl6gq,o Jr"rqogo3ob 3cnOogggo 6lblr,:bq36,:3b 0ob6ob6o3 i3er3q'33'rqro'rb b.:J6c'r6Ei59 6r6s33gorb,6c"r03qro3l33oq'3b3q,or glrb3bolr b$.:boqoSr6erboborSob g'r65q'3btso obgq,r6c,ob brtsg,:q,er3rqgo;6J36ooq0o Eo%6r'rb6o3o 0$3360bgq'ott ts35,>6Bgti3bobor3ob. 36c}363q'o b.:6Jo,0c'r63$':63q'oSerq'o$o3ob3o0o$3$ob lrbqgcnaob q3$,:q'3bo oboq'go Q'rbl6cooN01-CIo' 2o6gq,.rgoobrcJgoorq,g6o bl0o9c630,:B336Xbq'olr 5,r6b,:%q36ol.l 3 r33co3bb lrlp6o qprr0orr363?ioborrbl33, 6rb6blE3b;b 0c'rbX$r6Sqro Jerqro$o3ob 6o03q'og do6oor.:qgobr36ergg66c'r5;6l333onb 63q'oq'3bob tsSlrlbgb' j':6orgq' Qr obgq,obg6 36gb%g36r',363q'o 0'r63obslbasc6E%3 fu3g6q13bs' bsj.:6or3gqrerb36er363q'0':b':6301 brJ6ar6c6o0 6l6r333orob0obrq$33sq9 0o%5c,rb6o3o 0c"r63$,>6gq.'Jarq'o$o3obts90q.o36o Bl6Ber,6ar03qro0tscsgbcb5 6r6t3oor.:6tbrerJ36r6oc"r o6b663036$o' qor br%t6ob36oro13o16o b3bb3bo, 6ggo6r6luo6cbotr o6bg6g036ggbob6r63: blp3Jr"rbogcn b36orogo3s$3bo, 0ors36r'rbolr glborbo j.:q':q'qrgboor r"rJ36l6ogbo' obb66303663bo(36orqgqor6obSbb3borb br3rq,gger o6g363g66ogbo,ogqgoogo(")C0Csgn qrl bb3l' pgJc'l%oggbo),0o6o0rq'36o brt63b363c'r0c"rorbcn363bo Br0cnor3q,oq,o obb563036153boor 36c"r363q'o bl63o 016o11311Ocn3q'33rqrorb b':63o lbc"r66o3q'3bb b;36c"r6361)er 5r5r33cotr. 633o6l6bo63bolr bSbb3boor36ier363q',o lr.:b3639q'o o6$363366o3b1rb.163orltsel6ob0c"r3q,33lEo.:6oq,o33oqplclbobb.:%r6.b3 bsJ6c'4366er 616.:333orob0oblq$33rq'' br63cn':tso6ott 0er3q,g3.:por5obr63orrtsc"r6olro (616 b3q'b brbr6%3 b$6er636$c"r6;6r3gor3bolrQoqgo6gpbob o)rtloQbb,>br3oq'3bqbs9 o6b66303663bb gtsq,ob ;il b.:%6ob 6r63oorr6gbrb) 36er36gq'o br63o ogqgao30erCacE b;63o (36o-4gqo.:5 bSbbgbbl Qr qr33er%o$3bb)o653blr. r0;ltor.:6.:39, 96r"r36gq'o b36orogo3;$9bob 6;0<n033brlb0o6o0rq'g6o 6;.166rd3ql3bb3-or3o.r6o brqg;33rn%o$cn 6rorb bCq., A0gtigeil Sllror6o Clqlqq9Cboirbljo6olr 6':63oorr63b':b' 0c"r6gq'erboor, 6rr"100cn63$,:6gq'o Jerq'o$o3l S6orcrbq'o3 Eerorbc"r36lb3 o3ob 6rorg.:q,ob$o63boor, 6b6oqrrbtsc"r.;ob 5163o$6':qCbr0cn63$;63qro obb5630365o1,0c"rorbrn36ob %gaerjagqpgbob E;qrq'ol 36c"r363q'o S.qrogo3ob 63q'oqr3boorr6olr ts3btdq,3bcqo.r0rborl6, 6;3 3g6cr lrl%c"r5llpc'rSbobo3ob b563ob;qrEo Sqgerbt, Eoor tl36c"l 6l3q'3b.:E qgl6,lbl6aol6or 0c'r63gl6pq,oJcrq'oq)o3ob6l6rbcn66oCqCbr' 6ar6er6c6 %3acnor lqo6o106l, Ec"r63$r63qro Jc"r'q'o$o3ob bJSgs$ffiCooqr3b3bo oooq3bl' ;0 3Sorboor 6r6lbr33or63boor qQlg6qQbc'rboor 36o56c"r%rb3 0.:36c,r33er6c"r0o336 obgq'r0oob ii6er56c"rbo' 06ots36gq"o3.:6o.: 3 bXSodq'orur eC0lqfl6rSQ 33. gov.gelindex.Php?m=5 https://www.nbg. 36er363q'o br63olr 696q9%gr E3o63qg6l3q'3bo 201g$q,ob 0gc"r6g 33r6gsq,tso$qrog6o obgq,t6o; 0r'rlrlq'c'rq63q'903 616 36c'r36flqt'br63ob3olo r63ob6ertsoobo 3'1olot-rgc'r' qg52.4%ts3rE6o6.:,bc'r'q'er lqac.rBbqgl 6otsbgq%3 0o9bbc'rb6o35ots5gq,orrb lrr30rc"rqg.:bq'cdl 16olr. obgq">6oob QJbJEl ts36r6Bgbgb.:,do6oorrE,:qr, 6o0obrq'36o CSCCOU6ob503q)ooo 3g6bob 6l0g':63br0 dqto36o 0c"rblq'elq96cq%c flr"rorb<n3fir oflolrs,6c'r036orc"rbq'o3o 6r6l3o6erbr,flo3b3qgJ3rsg ogc). 0o9bbc"rb6o3o otigq'roor 30lo-o16o lrlBglE,cn3JQorb336ocrqrtso oobgqg3oor, J6c'rS6ccbolr 0 r B3 3 6 3 b q ,o b g r6 5 q ,3 b tso 0 3 6 r r 6B36E3bl( ob' q9ol56r 0lN1) .o6gq' l3oobJ 6r r 66c 'r % % x rj6qc"rbl, rbcac q's6ob do6oolrqp6l3q,36sb .:bq936b6el6c'r6663lq'36o 6er6al0o336o rj6oScnbob 6o0obrqr36o CSCCOS6o6lg3'(q)oo)o336bo' 36oro 0b6o3' 93cnber0o336o ts36boq'El obgq":6ol%g 36orerbq'o3o 0cnorber36oq9':6 6lg0ae$3bgbob Jr6rqCq)Uosqp tsg06o6Xbob$63bo, cn303r, Egc"r630b6o3' CSCCOU6obrgSqooro 336bott 0c'r0qgobr6g oJqrn obgq';6o;9cXb6q9ob 0o0r6orgq'3boor b$6rgo 6s0grfiSbobgc"r6%9 Eerbsq,cnqrbCqb3 rj6qc'rbolt flerjflgqgfl; $6gb0r6. ECSQCblql,0erbrq'erqr63q'o'>,6er0 33c'rber0o336o qgr 63rq,g6o 5s63q,ooro3g6botl gl0g,:6gbob33lq'qqrJ3bq, 2018$3q'lJ grgaacnbgbgbobr 5o063q'ob gl66q'gb6o EJ6Bgb':' obgqrrgor 0o%6<'rb6o3o qg5bl6glq,ergrqrorb 336ocrqrtso qpor66$': Nl $q'og6o o6gg'r6oob J6o56c'rbo B% 7% 6% *<rt:{ffi;x6rr v#g;w"q3e*r s% 4% 3% 2% :.t :t::,:90% 1% ilrl'ttut$\75% AW W - l1/ o w50!.@o ffi 25% bbbe()(nbolr o6OC,t''3,'E"o -+ g3b$6,:q{(1o 3{4tr}bb{'}to -Uo s$iF33ss$fftrsiff## R R F R F R R R R R F R R R R R R s6gob6a 2018,tts;lsaory7q'nb26ng6gq'o 0s63o fgs6ro:0cn6g(s6gqo Jaryoflo3ob s66s6o0o, 'b6qprolr,l56r3ur33ts303o63bob obgq,rGoob J6rn66c"rboCI3ogr3lr6ob3gbb, 6o5er66 0oar6orgq,3boor. 336derqg, o6gq,r6ool-r 36c"r56o%obor3olr 6ob3ob rjgo3c'rb,:, 6er0gq'o6, o0 0g0arbgCar0o,ofl g3c"rbc'r0o3g6o ts3063qror Orqsq'o 0c"rbrq'cnqrbCq%C o63q'r3oob %6q',rb 6l6r3o6erbgillr,berq'er crrp ;qaerBbE.:,J6cn65o%orl6tsgqg.:r63boor qrrbrq'o lq0ol36Er, J6c'r66n%orl6tsgE.:63boorobgq';oooli tsg03o63bltl aerb;qroqrbCq%C 6ob33b0o 030go63bobOo0rd)orgq'3boor0er;J03q9 5.:0c"ro$p3b.obgq,tGoolr J6c"rgtier%b3 rbCaCgr6oboq'gb.:rtstsEc"rq's6ob 5q'pb5q,36o 5l3g;bi363b.: Oob do6oorlqr br3r$6c"r r0 3316rb361q'0r00b.:dq'at Jr656oc.r63borrb,,1n3.:$6on0oti" gb3,lq,r6oobtsgOorb3c3si3o. ststsqprc'rq,r6orr60o0,>6orgboorqrr6ob 6.:Egr6gbt, go603bob b3bbgbob 0c"r0brbg63bob ()r obgq,,l6oob 0oq'c'rq9o63bob g3o6orob (ggbc"rg6o 3lqrggoor Ob3bbXb3q,orror3olr) br0c'r0b0l6Cbqr', 36clqgujgoob grbgbob tsg06o6gbt 6;0cno$goob, 6rG, brberq'c"rc"rqr, 6r3q'gblqg %6qrttso lobrbgbl. o1306r, rCgC UbS95 lqo6oBbc"rb, 6c.l0 ory6j3ortso ;b0 qrc"rq'l6ob Slb3oorr6CbUqo berq'erqr6erotiqr3qro3oort6gbolr 5l0c'r, ts3b;dq'c"rr, Ebc'rq'c'rE 6q,erblqry6o 6tggtbg6Sb; qrrt6ob pcnq,l6orr6 0o0r6tn3boor 5r0g.l63bl%3 06o6gqr, rb brS6oroqr 16 tobrbcdl. obgqrr6ot%3 %6rpob 0o0l6orgqnSboor 0c'rj03q9 6obpb0o 6ggoc"r60o 3oorl6Xbolr5rgl6Sbgbob9t'r6%3 5goJerq'ogo3g6o qr.:g3erbc"r0o3g6o 6ob3 J6g0o3boba%6qrr6 6r6ob,oq'3bl,619 lqr5oq'c'rb6o3oSrqUOCbob 5,:gg.:ltg63b.:b 5.:Eoo$g3lt. 616 Jo63g<ry7 or3gtso5.50603rqg6o6,:, 6g.:q'g6o Eorq,orbotsoEr 36)erqggjgob%6q.o,:E Jqg6C S6ergbcn%o6gbgqrtrgOlqrq'o ,:q8c'rBbqg;er Eerlrlq,erqrbCq%C0Corsg 0%r6qro gjbJer6$o er 6olro do6oor.:qro 0o%3%og i536o%0o1. 156Xo33, $q.t qglrbqrc"rgboor l8oli-oor, 6l%6qroq'o E3q)q9o E;bl$goboqgr6, 06o0gbgq'c"r36,rqg, tsoqr;0tnb0r63b;3' glg0Xlc"rbgLqgl 5%l36oq'gbobrEl bgbbgbobgobjca, bl66dbc.rbqbqg aobgEg()or,6g;qrg6o 003-b %6ql,r 2018 $3q,b lj'50/ooj69b,l. 3b J6c"r55er%ob bc"rqrc"r 0rBp63bgq,o 0.7 J6erg366gq'o Jgbj6oco .:q30r63b; $o5; 336or"rqrl865s33orgb3q' a 6oli3 J6g0or 5gq'olrbOerbb J6e4C6Ogq brdr6bSq'b, 6rbtg ot[gb6rn6o ocober3b o0 qgrOr$gboco ;ts8-tsoo63gl-r6o6o3bbgt6bgbgq' g3g6b,:tiorl6 brjr6o63q'r'rtsoo633bgo6oolr5rblrrber66oCqcbqrsg, ts3qr,:6gboor. 6 J6c'r56c"rbb,610 6r0c"r$33gqro; 6o6cn6g b,r6.r6gc'r,;g6gcn33 CIoqr,>0erorber36ob 0BJ-lr %6ErCIo qrlqrSboom $3q'oq'o 3j63b,: J6c"r56obob erobCSg3oor, g.:g0acnbgbgboor. t6.:l-r,16 bs6l63ar gjbJc"r66b,;563o1390c'rb0r6gbrbrcgs o63gbq5oGo3blr, 6c"r5er66$i3o6qg.: bo%bgtlob6.:b$gc'rbob tsgOc'rpobgbgbo, 6l30Xerbgb3br,bgb'bgbobic6Er Qr b,:bXq'0\iogc"r bogag6ob 3;Jogrqrg6o bl6lpbo 6l6l3o6c"rb3bli.bog'cl ts3g.:bgboor,33c"r6orEoJ36o b$6lglqg lq0rnogb3'6Cbr, Jr"r$gbgogt6oqrcrboqrrb0r'r'blq'c"rq96gq%C rjgo3erbobBl0c"r6Bgbr %drqgob g3c.rber0oJfl6o 616 Egb.:br0obc"rbt0ot 6.l30ac'rbgb9b:3qJ6er56c"rborlr5. ltg;l$o6b UitrSor. 6olr4btso 0cor3.l6o reboE)o $E')B b,r6.:6gc"t 4ts3-b Jt6ergbr"r%ob gc"rbb3brjr6ror3Sq:ob b;3.:$6cnJr656oer6 336derqg,g3erJc"lq,ogo3g6oqg,:rJrbgq,r"rbolr jggbgbtso g3crbcn0o3g6o3oorl,6gbob ESbrdq'er 6r3;61b3br 5lqr0cng3005.':0 0b6o3 gg6sqgb.lqgbo.l bc'rq,er Jg6ornE0o org6jgortso 510$3lg3bUqo 33r"rbm0o336o rg69o139, 6olr3ob ts3063q'or 1tstsQ9c'rq'r6ob;qgr 336c"rbbr6sqnocDo 0qr5er0r6gcnb,l. ffiqloqlCbgbo bl36orr[c'r6ob9 br3.:q'3$er br%63b%3,613, 3g6bgbob lflgb.:dq,r"r bl3r$6c"r Eoq'oqrob3boor,6l3q'g6.:b;bq.o3tib r6b3boorl rq; 0,>orur;6qr.:3,:3tsodrgbgq,o 33cnbc"r0'o336 rjgo3c.rbrlr,S qgr q,.:6ob br63Eroor 3g6b%g. org0gt, lr;3.:$6er Jl6$6oer6i3botl q9,: Orqrq,o gg0Joor 6tatbbtqgbob 5;66dC(:Cb,:,bl6.:63o Oc"rorbc"r3bolll 0olrrq,erqgtiSq,%g b;o63gbgo6oc"rgr5$grnbgbobJrn%o$og6o $Xbqg356oobbl6ab3, Ots3-trqQqCgrE;SQCq 36er65er%otl50gE.:6gboor ggr6c'r 0lq;qr %6qprb 5t8er,r$33glr.,:0.rlrorrti,sgqCSrE;sQCq 0gEr6gboor, AtsJ-lr3g6et Orqrqno %6qrs ts3odq,3b,:lttCBC5.10r'ro$i3oerb J6er56c"rbor.l6 qQr bgbb3bob b6qg,:rb grnbbg 0oqr.: 0rnarbm36ob bobbgbob qgrqrgbooro616$9c'rO,obr guj6og6gbob qro6r0o3ob6,:66dgq,gb.:0. 0o0qrobl6g .l66r6obob pggo6o$01 2018 $W.b Jo6pq' '17.60/o 6.:6$rqrEo AtsJ-b 0cnorbc'r36ob barqtrnbnqrer c"lcrrbo tsStqrSobr, 33r66rq'ob 5r60,l3qtc"rbl0o9o/o,616b,>6.:6rgcn gr2grbllrqSbocrroUCD5tbJo6<.rbCbUqo.Or.rJE'Ce) 06o035gqrce3r6o brts3rq'rn3,>qco,:6o J6erS6erbob0ob3qr3oor,0o0qgo5;6grbgl6obob O0J-orreigr6qrccbr, $q.U6 $6oqrtso, lr6lboq"'36o 3,:dr$6ocn63btso 36or6ots6t6ots6gq'%XEr6Bgbr ,o0E,rE33boor,6c"r0b,:3.:$6rer 3oorr6gbs ts36;6Bgbqg3br,bet<rycngjbJet66obr Qr 36ber3oroq9,l6OoqSbgq'o bb3l %6qgolt6 gbqgg66ol6.lg6dgq,qggtt. %c"r0og6o ts36c'rbr3q'gbob obgq,r6oob or,:663oro6gbolr,rb,0c"r63g;6gq,o Jc'rq'ogo3ob brarVg3cOoq'3t'gbob 0ooqgbr g6orc'rbqro3o6$c'rts3gbl6'tsgbrb;0ob,:qr, Ooq3bobE6erb, rbCaCObgE33q,c"rbl0o tscn3%3 brJ6c"r66gc"r5,l6rpgor3bob6gr6o63b.:Eo$cnq.ogbob [tbqQrogarbE.:blqr6lrgbgq,o qgs 16l o0qrg6.:qr rS6glrogqro, f.rc.rOg6orcnbqro3o gr0eri3g3bollO333ordrog3q'orry3b,> 5l0r'ro$3ornb. 5.l6r3porgbob g$$rnb6o3o 3SqloqlCbr c'rJ15o0rqngr6ol 6er6c'r66 3gt6r.r ggSj{yo;5o br36$Cgqtrnbob Jo6crbgbBo,rbCAC66dgq6rqror6o 6.:5.l33gorgbob orr3olrorl3Bo obgq,rgoolr oroorcn33q,oJ6rr66c"r%o 0t6or3obtor3ob,rj3qg,:65r0o0qprobr63, 0c"ro6.:3llb$6n6g6go gdr.:gi$cr6o;lr, 6c'r011q'og 6.:6;3ggrllgbobobgco brJ6c'r56c'r9rc"r %g0orq6o063q'b oor3rq'ob$obgbb' ger3CqlogC b6gbr6ob 0obgqr3oor,obgq'rgoolr 3olo-orb0o%6ob6o3 brbr%c"r0r36cng3erbcn0o3g6o 6o06gq';0qgg 0g06o63bob JgrqlerJ8rg, lltsgrq'c"rg;qprol6Jg6ooqrBo, 0et63$;6gq'o Serqrogo3ob brbrJ3Colo ggr>Jc"rb6o3.rqr6gog6;qp6 qc'rbg0Eg 0g0go6<pgb.r. 0c"r63gr6Uqo Jerqrogo3ob5l6r33gorob6Xo$r6;q'36o Qc!6C lrltsgrq'og.rqrorbJg6oc"rqrtso 030go63bol-t$613j$r'rt6o.: 0cn636r6gq'o Jc"rqro$o3olr515,:33gcnob 5-6%-obg.l6r6q,3btsor. 6ob4bob qgl br(3gq,ooro3g6bob Eo6r0o3oqr;60c'r0qgobl63 6;6Jo6obgbgq'o; CSCCOU6o l.t3r$6ar Jr665oer6o j3ggbgbo,p;6 obgq,rgoob grqQ0o630ob6olr3XboL'ts303o611boor. ;jgogc"rbob 6r0c'r, 0lqrq'o 33c"rbcn0<-t3g6o org06;, berq'rn Jg6oerqgtsoEr"rb:qrcnEb0q%C 0C0lE Jc"r$g66og65,l0mtJ3gb.:%3 b,l0grq,c"r3Jeorb3g6oerE0o g6<nmbq'ogo0erorbc'r36ob %6qgob co,:3oqgrbrbs6oq'3bgrQ, Jerqro$o3olr 6rbl333cno 63o$6lqgt6 Er"r63b $o6.r J6r'r56o%orrb tsgE.:63boor UE6er 6Cqr, 0bc'rq,c'rqg2 $q'o.:6o Jl6ooqrolr 6C0ECa qgrgb6gbspCbr(ob. Eo;66;0,: Nll). o 36c'r56c'r% Qotb6t05 N2 0o63$163q'o JeLqro$o3ob6.16,:333orob B.s% B.A% 7.s% 7.4% 6.s% 6.O% 5.s% 7 5-qo s.a% $i$N\\N25% b,>bqr.xrb,r lr oboC&3ryn 45% + drbo(vrsq1J6o Joclbbnto 4.O7" C . l ( f ) ! - e { c ) $ C \ c ) - t co cc ct cc co ct cc cD c9 cl . D # ) t r ) t o m d ) f r . D ' c ^ ? f f ) cD C! cQ $ e.l l m N ) o . O O c\ c! c D c o o ) e t t r ) c ) .O \O \O f.,. F\ f.. l\ CO CO € Of m . , ? m 4 o . O . . O . C\ N N C.l N C\l ,N C! N C\ c-.1 c{ c! c{ c\ c! c\ 0rcfug,>6gq,oJaqo5o3ob s66s6o0o,sggobrJe2018,bs;b6oryc(ab j6ag6gq1o ar1Jo ffgs6r,t: br%o Ubqpr bJCbgJboOlb, 6eriJ0c'rbg$l6gqro Jc'rqro$o.1ob 6;6r33Coob J6et56r"rbo16 69q,obb0obb 36er35gqro bl63lob qg.:Jo69b.lb0cn6g$l619qro Jrnqro$o3ob 690q96c'10 0cn63$l6gqro Jcnqro$,o3ol.l CbCborb erJrg6o(lgboor. obo $,>60r'r;qg63b;b brAr$UBCOoE 6ar0 9g%o53636o grj$c'r,6Cbo o0 qr,:03gboor, brbrJgCoolrblcr6og6gr6or"rO6rCC6c"r6orb J6er66crbtsobrcD3rq)ob$obgbgqno6o016orgq'3boor gs63ocot6qgCbr.Oogbgqrl3lqr o0 tt.:J6erg66c"r b)U6Jgmqrnbob.:,6t6 %er5rqrrcpJ6c"rg6obb;bq'r3b or,r5,0cr3qrC3rq)or6o gdngjgcn6or brbr6bCbqo otiger60;6otb ts9o6,>glr, gobloErb b.:cn6o36grgoc"r 6r6,:333or3bolr qr,:6ob56dgq'3.:qgor6o btbrJ33or3bob$o6gqgr0 J6c"r66c'r%9r31erArDJoeCb3qo. g6orrq) brb3oboqrr3o 3 lq'6966,16,o9q, ltbr%c.r 0l36c.rg3er6cn0o3g6 J6cngber%or,:6 bgg5;6b;6. So6ggqro Qr 0grn63 b6gbr63bo 5Sqrobbflcnbb CIoqr,: Ecnorbc'r'3$olt b6g5;fco3o b6q;b,0Xbtbl0,rb;qg,berqrr"rOglnOg J6ergbcrbo6gbgq'bC0COJSQ Cglti,>3q,3b,>E 6,:6oboq'r3b blj;6o6Xq,ertso 6o113J6g0o3bob %6qgotl.:er 6cn0obrq,g6o 3wjfrg6o br6gq'ooro3g6bob 5;gg;bg6gb'ob tsg8orbg3lb. Jo6gq,o .:q,6g66l6o3qo ll6g6,:6ob OobgE3oor,g6cnerbqro3oOerorbargblblbr%cc b6p;qro bggbr6orb 0gE;6gboor gg6er bllqt ob6qr3b,l.2018$3qb 00J br0er33CooqlrqQ 9 $g033boor b;lrotoqr3b.:, 610, 6er6c'r6g lrl5r63c'r, s663or33 0.rqgr 0c"rorbr"r,36olr gtrjg,og69t)ob gdror-g6coo$9,:6c'r.: 6rg0ac'rbXbgbr06rbrJo6crbt. tsoEl 0c'rorbc.r36ob b$6sgo %6Es - 2018 $q.b o36obtsob.:363qro$ar Jer66gCqob tsgqgsdr3boor b.:36gqgoger Jgr66g3q'o $q'og6rE E6bq'c'r;lboor20o/o-a6lob.:6El.03rb;dq'gbgq'o.r,6cn0$q'ob 0gc"r63 6r;130o0Eo6.:60 0Cbsg360oClborrb 5.:b33.r60oE,:36gqgoggbob%6qrob gg8Jo tsgbgq'q.ogb, Eerorbergb;lrter 0gqrl6gboco tsoqErs g3cnbcr0o3g6%6psb E3r0go63btr.tCqQCbtql,s0 bgb5o b6o03q,ob 6;0m, 0gqr,>6,3boor .:q,g366,l5o3qo lrggbl6ob Oobgp3oor,Oc.rorber35ob %6E; J6n56c"rbo6gbgq"or;6tsgEl6gboor rp,:b.:q"ooj63bl (ob. q.ooJ2,6r0,> g3obc"r0o3g6o r0 rq'6366r5ogq'o b636r6obOobgqr3orn, N3).tsglnb.:0oltqr, $q'o36o obgq'lgol brbr%c"r bgg5l6oorJ6er66erbo6gbgq,obgq,rgo,:%ggg6cn 6l3q,3bor(ob.qgor56;0rN4). bgXbr6ot,:6ts3qr;6gbocn rq6ots6gqro b636.:6oor,Oer0qrggbc"r $q'ob obgqrl6o,r, btb,:jbc"r bs6g;q'erqg 0.4 JJ-oor qr.rbq,l oj63br, 6.:b,16Egqr;6gboor ts3bgb63bUqo 0c"rorber36l b6o0gq,o6gbolll qg,>obgqr.:goolr Eobbc"rb6o3 Oc"rorbcn36ob r0olr btJrbgborqEr, gsOc"r$3g3b. 0,:Bpbgb3q'or;6qr;btrbq,r"rgbq',>qr,0crbg$l6gq,o Jerqro$o3olr6l6l333orob66;3j6er6o;, qg,>o$g3b. 0atorber36ob brtsgrq,cDqg0.4 JJ-oor ;J330c"rco bsbr%crlrgg6.:6orrbtsgqto.:63boor 0gqrr63boor 0er36dlq'3bgq'o t'6qgob glOc"r2018-2019$q,gbtso 33erbcn0o3g6o%rcqglg lrsbr%c"r 06o6C; er 2018 $qrob;cn3olr50loolr g.:65q'gb0or. rEob b636l6or;5 CIgqgt6gboor obgq,ll;ol 0obbc"rb6o3 tsCqgCbrqg, tsg6boq,Cb3q'o0c'r63$l63qro Jc"rq,o6o3ob blSrbgbcnqg, 0rBpbgbgq,b gg.:Jc"rb6og.lEErg,lbq'cn8q?Cbrqrl b,:tsgl(T<"r3reorbJg6or"rqrtso3oz'o-orb qrrgb6gbEXb.:. 0o%6ob6o30.:Bp6gbgq,b 0otq'o,:6oltsoQr lOob btJo6obJo6erqg,09o69 .:q'636r6t6o3qo bggbt6ob Ootrgqr3oor, J6c"r66cn'borrb obl6Bg63bb$q,ob qr.:lrl$gobtso;6bgb3q,g36qg36gorlrqgrblb,>%r"r flc"rcobc'rgbt .:6b3bgq,o 03qgl63boorgg6cn b$6sg,:q.oo%6qr3br.rOob Eo%3%otsgodq,gb,:lq0erBbsg3lr br36gqro$cc Jc'r6$g3q'oL %6q3otr $30Job 035.:68363b,:Qr bo%63bob 5r5$gerbgbott qrr, 0gqQr6gboo,br%6eoll 0cncrrbc'r36rb,: 5rgOaerbgbgbl,6.:6, t6bgbgq, ggbqrgb6ogbcorb ts3brbr0obrE,g3crber0o3g6%6Eott O,rBgbgbgq,b.tsCeCbrqg,$q,og6o obgq,l13o.r6, 36c"r56et%o6gbgq'or;6ts3Er613boor dq,og6o b6o03q,ob %38erj03q93boor, Oc'rorbergSob 0rq,:q,ooj63b.l. 10 rq6o06gq,o Occ0qprg35c'r bggbr6ob Eob3<p3oor, $gq,b obgq'lgo,> blb,:%c'rlrg3Sl6otlb dq'o36o ts3qr,:63boorb;0glq'c"rE 0.3 JJ-oor fl.:qq'; oj63br, 6lb,:6 0cdlrq'rn<96Cq%C 03barif3ob.: 0oorbc"r36.r 5,:Eero$p3b(ob. Eos56$s N4). ,:Oobb$sbgbc'rE, $.l6bo 0arorbar36ob e) obgq,.:goob Eo%6crb6o3 0;B336gbgq'orrb qgllr,:rbq,c"r8Cbqrql, 0erbg$,l6gqro b,r8glqt'rsg0.3JJg6rgj6er6o.:, blbl%c'rb6g6l6ors6l8gqr.:6gboor, Jerqrogo3obgr6,:33gorob tsgEr6gboor E;Bjr6gb[]qo oor %38c"rorto$g3b. 0erorbcn36ob %6qgolr 5.:0cn,2018--2019 tilbt%c'rb635;6or.:5ts3qgl6gboor0ggo %6q.o.:g $q'3bEog3cnber0o3g6o - 2018 $q,obrrn3ob 6.50lo-ob g.l66q,gbtsot(ob. qror56)r0rN3). .:Oobb;J.:bgbc"rqr, 5r03l663bgq'o 0o63$l63qro Jc"rq'ogo3ob tsCsQCbrsg,obgq,.:6or 0obbc'rb6o3 0,:B3g63bgq'lt ggrJc'rb6ro3.:E 3olo-,oJb0o%6cnb6o30rB3cbgbgqrb qrrglbq'ergqQCbbqgJ, lltsglq'cngbq)oJb 396oc"rqgtso, qtgb6gbsQCb). 6s6 E3gbgb.:0gb.:0gsq,i5g6ti,r5ouq lr6g6.r6li, olr 5sl6oboq,r3bbgqrr6Sboor :ilts6c'r 6erq:gbr6brjr6or3Cq'slb6ob3 36g0ogboo%6E3b; qg; q',l6ob tsgOcnb3c3rb, dq,og6o 0c"r3ob 5c.r0o6;q'g6o CSCCOfl6o bb63q,oolo 336bo gg.:b36qggb.: (.,b. qErol66r0r N5)' 6cr0obrq,g6o CECCOU6obb33q,oolo 3g6bob 6,:3grb363b.: obgqrrgosg, 6c'r15cr63 0cnobr"r36ob0b6oqr.:6 obo lg6gorgX 0o$erqggbobEb6oqr.:5 Er.rjOgqggblr. 0rnorbcn36ob, ,>p0acnbgbSbb.:qrSoqrcnb6o3obljc"r6q'ob 3c'r6336366'35r6ol6r"rblli, 610 lob:bgbr 0tr6oeJb 3o 'b6qgolr go603bob bc"rq'cl Oo$rnqr3bob 5;%6qgoq' brSr6ger 0c"rorbc'r36rt)o, .rbX33brboq3cncr, q.o,:6sb.:6Agbb. s8rborrb,o%6qrgbro03c'r6o3qo, 6c"r5c'r66'dUrqCsgU6o, gl-r otigq,rGor o0r%gJosgCgUts6cl OCOrEo%6Egbr, 3oqgr6g bsjcnbq,obg.:lrXbog.tsCqgCbrsg, g6orcnbq'o3o Eerorbmgbob 0c'rltq,c'rEb0q%c OCr5rsQ %6qgob b936l6tso.: 63bg q, o. gl crr3lq' ol-t$o 2018-20119 rq6o06gq'o llggbt6ob 0obgqr3oot,<-rbgq',:go,> $q,3bbo blbr%c"lb336.lt6orl6 Orqq,,:oj63br, 6,:blg bm8oblq'g6o O8CCOS6o336bob lr,l0gtq,crqQ1.2o/o-ooo tsgqgr63boor Oerbrq'erqgbCqb0flE6c"r Ocorql 6;gg;b363bs 5.:0cro$333b(ob. qgor66r0.: N4). r0olr b.:JlbgboE, 0c"r63$r63q'o Joqlo$o3ob 5.:5,:3pcrrob$6,13j$c"r6ol blbr%cr b636,rr6orrb obgq''rgor, 0gE;6gboor brtsgrq'crqg 1.1 J3-oor %30r"rorlo$6b. .:q6ots6gq'obts3qgg6rqg qQrgb6g6Egbl. E.:Bggbgb[)q'tt 0ob6c"rb6og 3olo-o.:6 J36oarqrtso, bltsg,rq'c"r3rqgorb 11 )q,OC66rOoUq,ob66#rgbob %6q9.: brblbr'r er Ail-b qnr66r0r I{3 63.:qry6o EobgE3oor. B% 5.570 6% Fq 3% a% 2019 2017 20iB 2012 20t3 2014 2015 2016 r I sq'6g66r6ogq'o bgg6st6o s brbsqsm mlllrq,63O0t6opq'o bgg6l6ro n ll bq,OC66r6ogq'o \3g6tt1o 201I ghngjgq,o fgs6a: b,>51,>r6ory2qlmlt 6s63o eolbdt0t N4 $q'og6o obgq,l(jor brbl%r'rSgrrE,0C66r$ogq'o b66.>6gbop OobSqr3oor B% 0o$timbd'ro3o obqlq)rOor 6% ,'""" \, -ry" q (t j (\ (\ (f) * N fll $ N eO 3 V g g Ng -)a a -a C\lo a a -o Na o'lo \to :o C\(, g g a o a c o a a a q1 () () .o .o .o \o v) N co N F. co co o. 6 o' <) T-\ @ oo $ s s C! c.i (\ a\ (\ a.l a.l C.l (\ {\ C'.1 N N c{ N N -l sq'6gO05$oflq'c, [t0C656o -ll *lll sq'6gF)bs6opqro tg36vqo Mttlbs$m fgs6n: lts;lstlorygq,rnb26ag6gq,rt 0s63o C.l N (\ c{ 5q'OC66tOoUEo b656tt4o tt0r556o N * O.J C1 (\ C.l {t.l 72 Qot 6sAt N5 6r'r0o6lq36o CWdOU6obs33E'ocoo336lrosblb.:bc'rqr.:lq'6366r6o'3q'o bggbr6gbob Oobgqg3ocD. 320 A ? + s gg g s g g g P A P gP ss g s ? gP s g R R R R F R F R R R R R R R R R R R F R F R R R * lll se'Llld'&\)o-1eD \p6rnr *bracVr \p$r*r g6agjgg7c bs63o ffgs6ru:bs;ls6orygq,al,t U6Sgrlqo6o06eir, 6r'10 Ec'r63$,>63q'oJnq'o$o3ob 0obr6o 336 ojbgbr obgq',:3olbg Oerj03qro 0er3q'Sgtqgol6o er 36o119649o grj6er6gbolr b6gqr.:qr 6.:6go$6rqCbr. .lq6ots6gq,o 00btdq'gbgq'o ojl5Sboqgr Oberq'c'rqgg3erbc'r0o3g6o%6Eob 0333o6rqt 0g06o6gbobl q)r g0g066rnbob %6qgob bt6a%9. l0qrgbrqr, g6rn3bgqro br63o cn6o gri6c'r6o: Eobggl6gqro Jerq'ogo3ob 5.:6b,:jcq36obtboqgoq'erbbqrr,>blq'rbl.tc'rb 6r0qrg6,:Eb$6rgsqgqrtgb6gbSQCbro6gq,r6o,: Eobbgrb6o3qgobgbqrl 6ar6r"r6o5r3q'gbr 9c6qgl%3.bsj,>6or3gq'rn0o, olrCaC, 6et6cn6g g3r'rbc"r0o3g6 gjbgbr 0cnbggr6gqrJerqrogo3,>b tser3gbo6,r6qgrg3rqob, 6o116,>0argobgq'rgoolr ggCq'r figgrbttso, 0t36r'rg3arbar0o3g6o 0o%6r'rt6ogoqgcn6obr6,>6. tsgbrdq,gbCqor5,l6bb3r3q?gbcnqggb grjgc'rb6o3o E,:B33bCbCq,o 0cr3olr crry 6l0qCbrSg qgoqQoqgl bt666dqro3o ojbgbl gb glqg,lb6l, qg,:0rnJoSQCbuqol Orqrq' 6c'rpb%363.:6o6gb.:X3cnbcnOo3olr bodq,o363brqrr brlroror9ca.6xg6rb 0o$rnqrSbob 036ggcnb.:bo$gCgb qgr, ts3blbr0obtqg, Olqrq'or 6566,:qry6o ls9ccr6lqrcngb6o3o qr.rbrbr6ao6, t6X.l5o6gblbt6 bttrorcnobtscn33b%g bt63gbo, 6rn6c"rdrg $3bo, qrt6c"r3booro o63q,l6oob tsgbldqrgbgqro,> ,1bqr3636. ClrJo oOrb6o66r3b,6er0 0er3q'6.:qro.:6Jg6oc'rqrtso s 6er0o6,:q'g6" CgCCOg6o 5r63q,ooro 336bolr o6qgSjbol-r6ogb3oaro 06o0369q,erboli%6qgr 6o06r3tl bc'rq'er0g06o6gb.:3o 6rggt,lr363b,>li. 6,:0g,:6gbsb, 13 0o%6clb6o3o0.:BpbgbqroE.:66rE;b61, bcrq'cr bt0g;q'c'r3lqrol6 Jg6oorE0o o63q',:13oob 0,:B336gb3q'o, 36c"r36gq'obr63oll 0o96 6.:6bc'r6goCqCbuqo0o63$,:6pq'o Ji"rq'o$o3ob o0qr36lE dq'o36ol, 6o0 qgobr0o3rbqglgb6gbqgbr. org Bc"r3o Oobtsc"l3t0ACql tsCqgCbtqg, obgq'16o.:%3 %6Ec,b (CI3Ego6gbob) obgq'rooob 0r"rq,c"rqgo6ob 6r0c'r,O.:tiEgb.:dq'gb3<por g6rn363q'obr63ob613sjgorE.l0er3oECbuqooj6gb'r 6r3q'g6;Oerlbqrobcnlr, 66dgq'3,:qgos6o oOob ts3grb3bl%3, oou 6r 56d3q'3.:rpo.:6 ut36m Sr6gcnSoor 6r3q,36rb Oer,>bqggtib ts3bgb63b;(5l%6Er). 33obo0o3g6 %6qgr%3 obgq,roor olU 0cnorbc'r36ob 0o0qr66cn brEo $q.b tsc'r;;3bolr gr6i3r3qrc"rbrto63bsdq'er sfilS6cngbc"r%o63brqro 3rgg6c'r6o,:b5rbggor36gb.: 36g66m0r6r6CbECbbrer bl63b'bg gltigbob 33qroq33br, 6ob3gbob03q,oE'Cbr,636gq'o6gbtqrog.lbgbollffiqoqCb,:, do6oo'r,:Eo 6gc"rJc"rq,ogo3g6o br3l$6ar 3r666ocn6o j33gbgboqr.:6obgq'r6ool.r o0Jc"r619o Q) bb3l. rOrborrb Ubqgr 6oE 6obpbo tsgodq'gb.:0o0;6cngq'o ogerbgsbgbotr6ar6cr66 b6qrob, rtiCaC ,:qo6o06c"rb, tsgEgo6gbob.:396. 6o01tqoG 0jo63 Ca0g6obCIg0cnb36,:0o, brjr6orpq,c"rb 6o3ob E6o6g rpor g3erbc'r0o3ob o6gg66o6Cb3qo t6 r6ob 6c"r03q'o0Cb$rboqg6o 0o63$,l6gqro Jc"rqro$o3ob€ljc'r63 q)J 6crO3qro6 3rJo$tqrol-r or13otrggsqro 0c'rboqrerboorbrbolol<pgbr, g3r"rberOo3tborrb obgq',>6oolr or,r653cno63bob1699oEo3cc63g69Sggbt6orbobolr 036r68g63bolrs QJ %6qrob;or3ob 0636.:3o b)g3q,ocoo 336ltob 63g1o6ob 66dgq64gor5o g3r"r6c"r0o3g6o Otscn,l6orj,:3 .llr3or3o6r'rbgbtso Oeroorbcn3b. s6b3bc'rbrlr br3gq'ooro3g6bo rb6gqrSbb tsrn3gbob ggbj6o.rb, 6,:0qrg6;qr.:6brSr6ger tsc'r3obts3Oorb3g3rtso br6SE)ooo 336tiott g3q,oq'9b,1 - g3cnbc.ri3o3g6 %6qr;lr.:qr,> lbgb63bb ry6ots6gqro6r'r3ob6;3q,g6;b 6gtq,g6 g3c'rbo0o3tbC o63q,16ol%3' btj$or33q'c"rb X6c.r36gqr br,63b 0o,:86or, 6c"r0 %3Oeror$,:60oqg25g6oq,o EUql)sQbr363Eogcr qgr br3rqg$o b3q'o ts33l)g<'tbr Joqro5o3ob 6.:6bc"r6go3qrgboro, 33rnberOo3ob b6,>boqry6 qgr 66d3qr3;qgol69c6qglb,6;6, tsgbtblOoblp,brjl6o3CE,c",b Oc"rlnbq'gcrbob JCooqsQq3erbrb6ssgOaarbgb3bli. 74 qr,:6r6oloNol obgq,rGoob c"rJ5o0rqU6o br,0o%630;Bp63bq,ob Stbblbq36s 06;3rq' glj$c"rt4%3.: O,>qlq'oobgq'l6o,r, I'1r333 qgr0c'r3oECbuqo. g3obc"r0o3oborg,ob El0lbol63b3q'os 6c"r5'm66 obgq'r6o.l Er/rb sQCqlqr0or.%org.:E.:qg, 6gq'c"r3.:6o ftggbgb0o obgq's6o.> 6.r53ocn.l6gb.lqg br0grq,ersgUB6cn0rqsq,or, 3oqr6g 6r63oanr6CbUqjmg63btso.3g6derp, 5l63oorr6CilUq j3cgbgbtso 0lB3g63bq'gbo1-2 J6c'r6g65ob,bcrqn6i5r63oorr60brq9 obgq,t0oob 0o%6c'rb6o3o j33gbgbtso - 2-4 J6o66gob jgg53bot6 b3qgr63boor, 6r63oorr6cb5sQjmg63btso o6gq'r6oob arqrq,o gr66q,3btso .l6ob gl6l-rl%q363qln. 5r63oorr63ibgq cQo63 r0 g3rbrb36gq XbU36o 36erq93j$ogqrerbob'b6qrob336rn Olqrq'o $30Joor do6oorlqgrqpr lobbbgb;. jg3g53b6o,brqErr6J6rnqgSj6ogqrc"rbr3l$6cnb;q96bgjr5er6Uo3g6er b$r6;go gg0Soor o%6qrgbr, bgq'glbgbolr %6qgob SgEJog UB6cn Orq;q'o,:, 616 r6r3l$6c'rblE? bgj$c'r6tso g.:lrgbob %6qrtb,l q)J, ltbc'rqrcncnar0Bo, ts3rpl63boor 0.:q.lq' obgq't'3orb 619 g96c"l Orqrq,o.: 3.:$6crblq.obgj6er60o ,36oEgC4logql<"rbob%6qrr 6rblJo6c"rbXbb. 0oorUB6cnOlqlq'ol j3gg;610oobgq'r6oob qret5g. tsgqgl6gboor, t6;3.1$6rnb.lEort6 b;j;6or33q,erb br3;$6r'r Jr6g6oc'r6 j33g6gb0o 3r$6c'rbsEo bgj6er6ob obgq'r6oob 616 oOrb5o06r3L,6c"r03.1$6c'rb;qgo tsg,1p636b, qrubq'cngboa 2.5o/o-b lr,:tsgrq'cnts3$c"r6oqro b3jgc.r6ob o6gq'rgo.l brjr6orgq'c"rtsog qrubq'rn3boa 2.lio/oojbgbr o0 qgr0gboor, 6c'r0 3r$6erbrqgbgj6er6tsog6oro grbob J6obgoJo 0crjO3qggbb8. <"rJgo0rq,gd)o obgq,,lgoob gl6tll%q66obror3olt b.llo6cn 03i3q935 b,:j.16crr8cq,er0o qgl 06o8363q'rn3rb $s60etEbc6b S6cnqgUCoo3qobgbobbb3robr 3.:$6c"rb;<p 3c"r0Jc"r6365b r6r3.:$6ob,>qgbgj6r"r6gbb 0r'16,:rlr.2010-2016$q'gb0o blj.:6or33q,c'rBo3l$6c"rb;q qgr b3jger63btso S6erqggj6ogq'erbob %6Eob $3OJgbbBcr6olr 6rbbb3,rpbr ;6r3r$6cnb,rq.o 6 qr,l b,:jc'rbgCSo g3erbcnOo3ob ob 6l$oq'o, 6rn0qoe!0o36 fll60erLgbgqro lr3j6ar6o.:6ob j3gg6ol-r 3r$6c'rb,rEo b,:%6gb'bgogoqrgb,:, ,:6 orgrn6ogq',rqr ts3b,:dq'Xb3q'o,:ogoq93bnq.o3ti. bsg6or.:Ecr6ol-rcn 6r'rEl-rsbg6gb,:6 l-r3j6r'r6gblr 6r'rgo6Xbo6,r,::lrergqroll 0g36Ei3erb,:qr,: or33tr$36,:, ol-r3ar lrgj6r'r6o 0oo613lr 3r$6r'rbrqro pr,:.3. qr,:63b6r'1663bo brb$3616c'rgbo pr0,:Egtsl33bgq'o863$33q'cnb,:' 7r6,:3r$6r'rb,:q-oo J6oqggjq3o.lq-o;0c"r0brb363b,:6 lrgj6rn6o,>6olrjgg6ob 33ouo0o3obolr 6t$oq'o, 6c'r.Eq'ob gobll5bgbo, 063tigbq'r"rb,:, 5,:63go196oq,osObrnq'c.reJeboE crb6o3 b,:%;6%3 6rbrgoqgtqr.0,:2,,rq,oortqg, qrt l-rX6gobgbo r.ts. brar6r'r 8 lqgi5oq'rb 36oro Q) oboSCb,:jc'r63q'olbbSlqQ.:bbgr 33obo0o3g6o 3et663ggos,6r'rEq,ob0obSqg3oarrg J;6o1)3$ob 0bgoqr3Xq,c'rboors6rdror6c'rbob g6orbr qr.: o0r33 g;lrtqg gbEr ogoq,gboqggb;$s60r'r.:qg5gbb o3cn6oolrb.lggd3gq,l-t. 15 1.5J6c"r65ggq, J36i6b ts3lqgpbb.o;U sgr33033bor,6cr0 lt0rn0b0r6gi5q'n errbE r"rCboor 3rq'rorbo ;613r$6cnb.:qgo bljr"rbq'ob $nq'n ptrbq'c'r,gboor 30%-ob bglq'0qrtsol, lr ts3sqg66be. cr36o0rqryt6o o6gq'rgoolr ErBgtigb3q,630/oobgq'r6oob bsOogcbgOrfugbgbq'ob g,:5bs%q36oltlr, sbCAC6,:bso3rq,ob$obgb6lq'o.: g6c'r36gq,obr63obbCq- ,:6b3b11q'ob.:0grq'gbgboer36o6trq'g6o bs0o%690rBg63bq,ob 635o0%3 6er02009$3q'lr,obgq'rgoob or,>653cno6gbob ojoqrrb g.:0c'r0qgobrfig, Oob;q$g3,:qg. 03qbqgqUE o grqr;b3q'obrb, g6c'r35gq,o brti3ob obb66g0g6ggbo lt,r30,:r'rqEr ogc'r, 0rB3363bq'ob3olo-ob gl6gq'3btso 5l5bl,bq36r Er 0obo.:0gr66q'3btso o6gq'r6oob b.:0o%63 brlo6ergbrb Egbs6Bgbgblg6c"r363qob.:63ob0o96 03por6o j0gEgbsbob5,:6ber6gogq"gbolr qglrggbgbqgr,610, or.:gol.t0b6c'g, b,>63orrtso6obbl%l61:g 6gggblt Qr brJ6o616$c"r 5rbr3por3botr .:6tb6tboqrg6erbtb 6l0ero$g3qr;. 0glrlblOolrrqg, o6gq'r6oob 3o6gq' $q,3b0og6er36gq'o bliSJobb66r635or 0er63$l63qo orr653oro63bob0g0cnqgbolr Jc"rqrogo3obobbg6g0g66gbobr qrr grqrr6g0obr6bgbob Sr63oorr6gbolrJs6;qCqU,6rqg, g3c'rbcn0o3g6 gggdbgbc"rqr,r. Eg06o6gt),>b obgq'rooob br0o%6g0rBgbgbq,ob ggrJc.rb6o3rqg %6qrlbor.:6Cgr 36ar36gq'o b,:63obobb$6303663bobr p; 0o63$;63q,o Jerq'o$o3ob ob6q93bs X6er36lJqo grqg.:ggOob 0gj.:5o%0ob6l6goor;6gbrlrorrbg6a;,:qg,g$rJc"rlb6o3lqg 03obr6B36cnb. 6rorr obgq,5g65 r"rJgo0rqrg6 0,lB3363bgq'b3 br63obts3ttdq'gbqrc'rbgbo, .:j3qnb 6l0c"r0Eobt63,btjt6orgSlperl.lg3erbc"r0o3ob 5l63oorr'6gbolr;6bgbgq' g$lJb3, 2018 qgr 030pgc"rOo tsgEGo6qg,: OrBpbgb3q'o3,o/o-Oqgg $q'gbob 6.r60.:3q'cr'brtso $q'oprb b.:Eo%6g 0o9c6ob6o3o0;Bgbgbgq'o 39/ooj63br'10 brtsg;q'er3lqrorboJS6oc"rqrob Ecnbgg,:613qro obgq'r6oob bl0obbg 0rBg63bq,ob gl6br%q36r 3olo-%gqgr, tscqgc5;qgr, trgq'lr Jcnq,ogo3ob6l6ber66ogq'gb,: obgq,,:6oob qgerbob,:0 6ots6gqb0 qg.l0o%6gboor, ts33$gclbb 0r"r0r3rq'0o obgq'r'6oob flc"rq'oqro6Sbobt|303o63b.:b.: qQr, %cn5.:<prqr, bgrboqrll6c"rbob 636s6Bgbgblb. 0er63$.:6gqro Jcnqro$o3ob 0,l36c"r33e.rbcn0o3g6o ts90go6gbl obgq';6oolr 0erq'c"rEo'6Xbob gg3jgo,lSerbobb6Eobor3ob 06o0363qrer3,>6ol 0o%6ob6o3 0;fuX63bq',:0Eg.rb;3orE6erb 0cr53$.r63q'o Jc'rq'o$o3ol, 6l6bc"r66oC(33br e 2.5o/o + 30o/o*L5o/o= 3o/o to q.ogr6ob 6l6br'bq$6)otJ UB6t QCOJqrU6Jqgbljr6or3Sq'erb go6c'r0o3obot3olr c"rJ$o0lqrU6o obgq,16oob 0gblbgb ts35odq'orar oboq'rnor gg66lq'o ,,6r.16r'10o3,lq; btbr63c"r lljOg", $r'r0o 3, N3, 2015 lilCqn, ,r'rJgo0tq,g6o obgq't6ool.t qgcc63brjtdrcrr3Sq'r'rtso",,>q,gjb,:6q963bqg;t3oq'o. 76 Uts6m 6r3q'gblE bt65ol6or, 6lqErgl6lt;0o%69 0;83363bq'ob0oq,$33.1 CJclScrAoJobor3otl Jerqrogo3ob5rbt33gcnob06o6c ogqoq gboor t6olr bgb;dq'gbCE,o' 6sg tsSgbgbrorrgrqgobgq,sgoob ors663oro63bob635oEb,r0 6g5o0ob {).:60.:69bgq'rnbrb VegaandV/inkelried (2005;tt06.:glq'o lrl36orr0c.r6obc'r JgE'CBrrqglb6g63bb, 0l6rq,ocr)bqo, q95 o63q,r,3oolrEer6g,i3obo036ggc"r0rr ob Oob3qg3oor obgq,;6oob orr653oro63b,l0ts3.103o6.1 Oobo brbg6dq'o3c.rbr6cr5r'r6G tbrbgoo>,:6gbgq,,rtlcac 5l>53oorr6cbre imgbgbCIo.IMF jgg63btso obgq'rgoob orr6ggoro6Xb,r0 tsg.r0go6r (2005)1'? 3o rb336ob,6cr0 gr63oorl,6Cbrqg obgq,r6oolr qgc"lbC,0olro 096ggc'rbr, obgq,;goob 0c"rq3oqro53boq)J blJ6og;;5gcn 0ob3p3oor,obgq,rl3oolr Roger(20Ct9)13-ob 6;6tg3or3bobt org brg3q,oolo 3gr6bob0g6g3c"rb,l. qg.:Ebrbg6gb.:,:, 6cr0 qplb.:q'630cnbrgq,orE;o or,:66gcoo63bob fu3g63bobor3ob0o$c'rqgSbob 0c"t4bo 6;3q'gb;qg p;0,>9c16;q:CbCqo lq0oBbqgl. Geraats (2009)14,lBggbgblr,6o0 obgq',r6oob orr659oro63b,l0 015ots36gq'cng6,:qg 6rbrJo6rnbr 696661qry6o br63gbob tsgar0gbolror3olr0g6odq'o.: qglgg6qrbc"rorMishkin and 6r9c6qroq'o 6.10$3o63rq,c"rbr. Eo36rqro$36;$36;tso r6bgbpq,o 30Jo6oUqo 6q'333bob Schmidt-Hebbel(2007)1s-ob 0o0oboq,3rb. rA g3rblb36gqrob 0obgq6oor 6lq,brb;qg o33gorgb;, 6r"rfl o6gq',>13oob or,:6ggoro63br003106o6r obgq,rg6r qQr Oobo 0g6ggc"rbr,SQf Cb ts3el6o6gbrgmq1ls%3 oUo. 610 0ggbgb.: 6,:0er33goroqrob$cn63qr 6.:59oor.:6gbrEojggbgbob tsgOorbggg.:0o gobrbl,g6o obgq'rgoolr orr66Soro6gbob6311o0obtsggrbgbgbbg3;6;b36Cq. 0l.largq,oc"r .:6lq,o%o,brEr6 .:qbr6o06lgo;Mishhin (2013)16-oll Er Oob6g0qr6er0, 36o%olrob3g6oc"rqrtso Uts6m 06ots363q'er3l6o 6rbboq'gq,or, cr)U6r6m0 5sbqrt obgq'lgoob orr6g3oro6gblJoqQCA ob' qgtb,>b.:66Cbqo olr3)q) rg6ots6grq"o36o%obobE6rnb. 3g6,c'r%c'r6rEots;3alfl3bolror3ob lrlqErt60o0c"rboq'Uqo) 0bcrrgq'ocrb06;13rqrobb3,:q.ol,bb3.l Reichlin and Baldwin (2013)17, rr Vega, M. and Winkelried, D., 2005. Inflation Targeting and Inflation Behavior: A SuccessfulSitory?. In terna tional Journal of Central Banking. t2 International Monetary Fund, 2005. Does inflation targeting work irr emerging markets?. World Economic O u t l o o k , 1 6 1p, . 1 8 6 . 13Roger,S. 2010. Inflation Targeting tutrns 20 ]iinance and Developmen'r,47(L),pp.46'49'. la Geraats,P.M., 2009. Trends in monetary policy transparency. International Finance, I2'.(2),pp.235-268. ls Mishkin, F.S.and Schmidt-Hebbel, K., 2007. Does inflation targeting mizkea difference?(No. w12876). NaLtional Bureau of Economic Research. t6 Mishkin, F. S. (2013, May). Exit to What. ln 15th Geneva Conference on the World Economy. r7 Reichlin, L,, & Baldwin, R. (2013). .[sinflation targeting dead? Central Banking After the Cnsis. Cen,rrefor Economic Policy Research (CEPR). T7 0ggrbgbr obgq,,:gooll orr66goro6gbob03b;b3b 0jerbgg3erbrnOobgob Obc.rgq,0bCqg3Cqobob rq6ots6Uqo, 6q'c'rbrqry6o go6sbbg6o 36c'bolrob ts30qg6er0.6er5r'r66 6.:06c"r0rtsol 16 gcngoq,5.flogbgqrsSrqg r6rbso6o 3cner6qro6.:6or tsco.t6ob 5lflcn3oorb3q,g3cnber0ob6gbb b;36ox'r ltr6o;, 0b6rglro,:.g3c'r6o0ob6gbob tOobt,0loro qgrbpbgbo0orq'o;6erbr0obr3O,:c'rqr 6r'10 obgq',:goob or;65goro6gbr 6o6brq'o,r, obo 6rgOaerbgbqgrqg;5b$r"r63q lbq'.:, 6erqggblg obgq,r6oob 0r'rq'r'rEobgboblr6,>boqry6arbrb6,>5bl3gor6gbgrq,o06ots363qc"rb.> rj3li, r6ob g3gq,;%CO0Orsgbrjlo6c'r. bg8arrq6o06gq'oqr,:66$r'r0qgol5r6g,obgq'l0oob rqos6Cbuqor, 03gor ltX6orrtsec6obclrqr or66goro6gbotr 69go0o UJ3Cc'rt6.:or$qrCUq,%C 6cn6c'r66qrq gobror3obJ6l j goJtt q' r qgb,:g33ogbcn635o0o.